Studio City International (NYSE:MSC) Sees Strong Trading Volume

Studio City International Holdings Limited (NYSE:MSC) shares saw an uptick in trading volume on Wednesday . 16,411 shares were traded during trading, an increase of 237% from the previous session’s volume of 4,870 shares.The stock last traded at $5.82 and had previously closed at $6.04.

Studio City International Trading Up 3.0 %

The company has a market cap of $638.85 million, a price-to-earnings ratio of -9.95 and a beta of -0.47. The business has a fifty day simple moving average of $6.40 and a 200 day simple moving average of $6.97. The company has a quick ratio of 1.37, a current ratio of 1.41 and a debt-to-equity ratio of 3.29.

Studio City International (NYSE:MSC) last released its quarterly earnings data on Tuesday, August 13th. The company reported ($0.16) EPS for the quarter. Studio City International had a negative return on equity of 12.66% and a negative net margin of 16.62%. The company had revenue of $161.50 million for the quarter.

About Studio City International

Studio City International Holdings Limited operates an entertainment resort in Macau. It operates Studio City Casino, comprising gaming tables, including tables for VIP rolling chip operations and gaming machines; and resort, which offers various non-gaming attractions, including figure-8 ferris wheel, night club and karaoke venue, live performance arena, and an outdoor and indoor water park, as well as hotel rooms and various food and beverage establishments, and retail space.